Santa Ana, CA (PRWEB) June 30, 2012
The nation’s four largest banks—JPMorgan Chase, Bank of America, Citigroup and Wells Fargo—are lending less, Bloomberg News reported. The total loans from these four dropped 4.9% as compared to the same period in 2010. With this contraction in bank lending, small businesses seeking financing many times do not have other choices but to look to alternative lending methods. In recent years, companies like Prosper, LendingClub, and Zopa have been revolutionizing the world of finance by helping independent lenders and borrowers to cut out the huge corporate banks through Peer-to-Peer (P2P) lending. In light of recent data on bank lending, The Business Finance Store discusses the option of peer-to-peer lending for small businesses seeking financing in the recent blog post "P2P Lending Services Specializing in Business Loans."
P2P loans can be a useful resource for much-needed cash. Combined with other sources of capital such as equity investment and factoring, P2P loans can help give small businesses what they need to survive and prosper. Read more about peer-to-peer lending and other small business financing options at The Business Finance Store Blog.
The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.
The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.
For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.
For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.